Earnings quality
Compare earnings and operating cash flow for earnings quality.
LG Electronics Inc.
Ticker 066570 · 🇰🇷 Korea · Consolidated K-IFRS · amounts in won
Filed 2025-03-31 · Period end 2024-12-31
Takeaway
Worth trackingSales and operating profit both moved in a healthier direction.
operating margin is 3.9%; equity ratio is 38.4%.
Sales and operating profit moved together — keep watching margins and whether the trend persists next period.
ActionWorth tracking
OP margin3.9%
Equity ratio38.4%
Last price—
Trailing P/E—
Look at next
- Compare operating cash flow to reported profit across the last two years.
- Open English IR for management commentary on outlook and capital allocation.
- Overlay peers on Compare before judging relative momentum.
About the company
LG Electronics Inc. is a Korea-listed company with consolidated financial statements filed on DART (Open DART).
Financial statements
Income statement
| Account | FY2023 (ended Dec 31, 2023) | FY2024 (ended Dec 31, 2024) |
|---|---|---|
| Revenue | ₩82.3T | ₩87.7T |
| Cost of sales* | ₩62.5T | ₩66.3T |
| Gross profit | ₩19.8T | ₩21.4T |
| Operating profit | ₩3.7T | ₩3.4T |
| Finance income | ₩1.3T | ₩1.2T |
| Finance costs | ₩1.4T | ₩1.1T |
| Income tax | ₩757.0B | ₩462.5B |
| Profit for the period | ₩1.2T | ₩591.4B |
| Profit to owners | ₩1.2T | ₩591.4B |
| Basic EPS | 4,004.00 | 2,086.00 |
Balance sheet
| Account | FY2023 (ended Dec 31, 2023) | FY2024 (ended Dec 31, 2024) |
|---|---|---|
| Cash & equivalents | ₩8.5T | ₩7.6T |
| Current assets | ₩30.3T | ₩33.9T |
| Non-current assets | ₩29.9T | ₩31.7T |
| Total assets | ₩60.2T | ₩65.6T |
| Current liabilities | ₩24.2T | ₩27.3T |
| Short-term borrowings | — | — |
| Non-current liabilities* | ₩12.6T | ₩13.1T |
| Total liabilities | ₩36.7T | ₩40.4T |
| Owners’ equity | ₩23.5T | ₩25.2T |
| Total equity | ₩23.5T | ₩25.2T |
Cash flow statement
| Account | FY2023 (ended Dec 31, 2023) | FY2024 (ended Dec 31, 2024) |
|---|---|---|
| Operating cash flow | ₩5.9T | ₩3.8T |
| Investing cash flow | -₩5.3T | -₩4.2T |
| Financing cash flow | ₩1.5T | -₩704.7B |
| Net change in cash | — | — |
| Cash at end of period | ₩8.5T | ₩7.6T |
Five-year trends
Key metrics
| Metric | Trend | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 |
|---|---|---|---|---|---|---|
| Revenue | ₩63.3T | ₩74.7T | ₩83.5T | ₩84.2T | ₩87.7T | |
| Operating profit | ₩3.2T | ₩3.9T | ₩3.6T | ₩3.5T | ₩3.4T | |
| Profit to owners | ₩2.1T | ₩2.6T | ₩2.0T | ₩1.2T | ₩591.4B | |
| Total assets | ₩48.2T | ₩53.5T | ₩55.2T | ₩60.2T | ₩65.6T | |
| Cash & equivalents | ₩5.9T | ₩6.1T | ₩6.3T | ₩8.5T | ₩7.6T | |
| Owners’ equity | ₩17.5T | ₩20.1T | ₩22.5T | ₩23.5T | ₩25.2T |
How we read these numbers
From the notes
No material one-offs extracted from this filing.
Constructive
Sales and operating profit both moved in a healthier direction.
On the income statement, revenue moved from ₩82.3T to ₩87.7T (▲ +6.6%). Operating profit went from ₩3.7T to ₩3.4T (▼ -6.4%).
Operating cash flow was ₩3.8T (prior ₩5.9T), with cash on the balance sheet at ₩7.6T versus ₩8.5T.
Liquidity & leverage
Watch short-term liabilities against the cash balance.
Capital buffer
Total equity moved from ₩23.5T to ₩25.2T.
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Source: DART 20250317001029
(LG전자(주)), period end 2024-12-31.